Freeport-McMoRan (FCX) Tops Q2 Earnings and Revenue Estimates

Company Performance - Freeport-McMoRan reported quarterly earnings of $0.54 per share, exceeding the Zacks Consensus Estimate of $0.46 per share, and showing an increase from $0.46 per share a year ago, representing an earnings surprise of +17.39% [1] - The company posted revenues of $7.58 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 6.47%, compared to revenues of $6.62 billion in the same quarter last year [2] - Over the last four quarters, Freeport-McMoRan has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Performance - Freeport-McMoRan shares have increased approximately 20.3% since the beginning of the year, outperforming the S&P 500's gain of 7.3% [3] - The current status of estimate revisions for Freeport-McMoRan translates into a Zacks Rank 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the coming quarter is $0.56 on revenues of $7.32 billion, and for the current fiscal year, it is $1.76 on revenues of $27.94 billion [7] - The outlook for the Mining - Non Ferrous industry, where Freeport-McMoRan operates, is currently in the top 17% of over 250 Zacks industries, suggesting a favorable environment for stock performance [8]